FARTCOIN dropped 12% in 24 hours amid a broader crypto market decline. The price fell below a four-month support level of $0.2145, confirming a bearish trend. The MACD bars indicated fading bullish strength, but aggressive reaction is anticipated near the $0.0933 level. Long/short account metrics show 54.25% short versus 45.75% long, reinforcing bearish dominance. Cumulative short liquidation leverage was about $4 million against $802k longs, with most shorts added with high leverage around $0.17-$0.18. Holder confidence declined, with numbers stagnant in February, from a high of 160.95K to 160.86K. Bearish sentiment prevails unless a market structure break occurs.
FARTCOIN drops 12% as support cracks – THIS suggests more pain ahead
